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Qatar Statistics Authority releases the Consumer Price Index (CPI) for October 2012

Qatar Statistics Authority (QSA) has released the Consumer Price Index (CPI) for October 2012. The CPI for the month of October, 2012 was 112.3, showing an increase of 0.4% compared to the CPI of September 2012, and a 2.7% increase compared to the CPI of October, 2011.

A comparison of CPI, October, 2012 with the previous month index (CPI of September, 2012) by major groups, displays increases ranging between 0.4% and 4.5% in most of the major groups with the exceptions of "Food, Beverages & Tobacco", "Furniture, Textiles & Home Appliances" and "Transport & Communications" where prices declined by 0.8%. The highest increases have been noticed in the group "Entertainment, Recreation and Culture", 4.5% due to the rise of education services, followed by "Garments & Footwear", 0.9%, and "Rent, Fuel & Energy" and "Medical care & Medical services", 0.7%, finally, "Miscellaneous goods & services", 0.4%.

A year-on-year comparison, comparing the CPI of October 2012 with that of October 2011, showed increases of 2.7% at the overall level. Increases were recorded in all the major groups. The highest increases were recorded in the groups: "Entertainment, recreation and culture", 5.7%, while the other components such "Miscellaneous goods and services", increased by 4.3%, "Food, Beverages & Tobacco", 4.1%, "Furniture, Textiles and Home Appliances", 3.1% "Garments & Footwear", 3.0%, "Transport & Communications", 1.5%, and "Medical care & Medical services", 1.0%.

A CPI exclusive of the "Rent, Fuel and Energy" group has also been calculated. After eliminating the effect of rent, the overall index reached 125, showing an increase of 0.3% compared to the CPI of September 2012, and an increase of 3.3% when compared to the month of October 2011.
 
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